Skip to main content

Trade War - SERIES 112 {16 articles}

Asia markets struggle as trade war worries persist

9/11/2018, 3:11:36 AM
undefined ✔ Tuesday 03:00 BST What you need to know Hang Seng index in bear market territory Trade war worries persist Dollar edges higher Australian dollar touches 29-month low Hot topic Hong Kong’s major stock market indices were back in bear market territory as investors braced for a decision from the Trump administration on its next proposed wave of US tariffs on Chinese products ✔ It is very difficult to put an accurate number on what the impact is going to be, Mr Ebrahim said


China's inflation climbs to 2.3% as trade war augurs faster rise

9/10/2018, 9:13:45 PM
Food and fuel prices propel CPI for August ✔ Beijing is prepared to enact levies of up to 25% against $60 billion worth of additional U.S. goods if the White House proceeds with a third round of tariffs ✔ Get unique insights on Asia, the most dynamic market in the world ✔ Try 3 months for $9 Offer ends September 30th


Hang Seng index in bear market territory as trade war threat looms

9/11/2018, 2:33:23 AM
undefined ✔ While macro economic fundamentals in Asia – including economic growth and inflationary issues – were still very robust fears about the potential fallout from the US-China trade dispute continued to hover, JPMorgan Asset Management portfolio manager Ayaz Ebrahim told the Financial Times


Asia shares can't shake trade stress, pound up on Brexit talk

9/11/2018, 3:13:05 AM
Asian shares were struggling to avoid a ninth straight session of losses on Tuesday as the spectre of a Sino-U.S. trade war haunted investors, while the pound perched near a five-week top on hints a Brexit deal might be nearer. ✔ BETTING ON BREXIT In currency markets, sterling stood out after the European Union’s top negotiator said an agreement for Britain to leave the economic bloc might be reached in the coming weeks ✔ It had been aided by an easing in concerns over Italian debt which left the gap between yields on Italian and more creditworthy German bonds at the narrowest in a month ✔ Our Standards:The Thomson Reuters Trust Principles


Vietnam shines despite Southeast Asia's struggles with trade and emerging market pressures

9/11/2018, 3:18:19 AM
Vietnam's geographical proximity to China and its historically strong political and economic links with Beijing are paying dividends. ✔ Getty Images Motorists pass the Saigon Notre-Dame Basilica in Ho Chi Minh City, Vietnam ✔ The threat of an escalating global trade conflict is weighing on prospects for export-dependent economies like Singapore and Malaysia, while Indonesia and the Philippines face challenges funding their high levels of external debt as their currencies come under pressure from a rising U.S. dollar ✔ FDI inflows in particular have been very strong and have been providing good balance of payment support for Vietnam


Australian dollar dips to 29-month low, greenback strengthens

9/11/2018, 2:44:32 AM
undefined ✔ Foreign exchange and sovereign debt markets showed signs of life in early Asia-Pacific trading with currencies losing ground against the dollar and Australian dollar touched a 29-month low ✔ The currency is seen as a vulnerable if the US-China trade war escalates as it is exposed to regional trade volumes


S&P 500 ends four-day losing streak

9/10/2018, 8:58:58 PM
undefined ✔ Wall Street ended the day a mixed bag on Monday as simmering trade war concerns and the prospects of higher interest rates continue to weigh on investors’ risk appetite ✔ Last week’s rout was led by a rough week for tech stocks, a strong jobs report that spurred monetary policy tightening expectations and President Donald Trump saying he was ready to impose new tariffs on $267bn of Chinese imports


Apple Earnings Hit By New Tariffs

9/10/2018, 9:21:15 PM
Analysts say long-term investors shouldn’t sweat the tariffs. ✔ Mohan says only about $26 billion in fiscal 2019 revenue will come from Apple's Other Products category ✔ NASDAQ: AAPL 218.68 PRICE (USD) 2.62 (-1.18%) DAILY CHANGE 52 Week Low 52 Week High 149.16 229.67 See full interactive chart for AAPL » Data as of 3:23 pm on 9/10/2018


Nikkei jumps, but other Asian markets remain sluggish

9/11/2018, 2:57:49 AM
Asian stock markets were mostly down in early trading Tuesday, after the S&P 500 and Nasdaq snapped a four-session losing streak and the White House announced a second summit between President Donald Trump and North Korean leader Kim Jong Un was in the works. ✔ That came as concerns eased about impacts from last week’s typhoon and earthquake ✔ Korea’s Kospi SEU, -0.35%   sank slightly, with chip firms Samsung 005930, -0.55%   and SK Hynix 000660, +0.39%   showing mixed results ✔ We Want to Hear from You Join the conversation Comment


Taiwan plans incentives to lure companies back from China

9/11/2018, 12:53:37 AM
undefined ✔ Taiwan-owned electronics manufacturers, including a bundle of Apple suppliers, run large production bases in China, and China takes about 40 per cent of Taiwan’s exports ✔ Taiwan Semiconductor Manufacturing which is the world’s largest contract chipmaker and a key supplier to Apple with operations in China and Taiwan would not comment on the government policy but spokesperson Elizabeth Sun said the company’s decision in 2016 to spend $3bn building a chip factory in Nanjing, eastern China, followed years of investigation and planning


Oil steadies as U.S. inventory concerns curb gains

9/10/2018, 9:12:36 PM
Oil prices were mixed on Monday, pulling back from an early rally after data suggested U.S. crude inventories might build, weighing on the market. ✔ A higher oil price scenario is built on lower exports from Iran due to U.S. sanctions, capped U.S. shale output growth, instability in production in countries like Libya and Venezuela and no material negative impact from a U.S./China trade war on oil demand in the next 6-9 months, said Harry Tchilinguirian, oil strategist at French bank BNP Paribas


The future holds promise thanks to painstaking efforts of China - Opinion

9/11/2018, 12:31:48 AM
undefined ✔ Disorder, uncertainties and transformation are the complex challenges the world is facing today ✔ These welcome efforts suggest openness, mutual trust and cooperation will get the better of unilateralism, isolationism and protectionism ✔ And if that is the case, the future holds a lot of promise ✔ The author is deputy chief of China Daily European Bureau


What risk? Multibillion foreign investor gives Australia big tick

9/10/2018, 10:35:02 PM
Scott Morrison? That's not what sovereign risk looks like. ✔ Australian businesses regularly cry that international investors will shun Australia thanks to policy or political uncertainty ✔ We hold for the life of the assets so when are paying finely chiselled prices we want to have continuity in regulatory issues and tax over many years ✔ But funds like this (and our Future Fund) rely on assessing the longer term big picture


Spotlight on Alibaba CEO Zhang as Jack Ma starts retirement countdown

9/11/2018, 2:13:31 AM
undefined ✔ A global trade war is also hampering Alibaba's ambitions for international expansion, including into the United States ✔ His analytical mind is unparalleled, he holds dear our mission and vision, he embraces responsibility with passion, and he has the guts to innovate and test creative business models, Ma wrote


Dow Loses 59 Points as Trade Talk Takes a Toll

9/10/2018, 9:27:27 PM
The S&P 500 climbed 5.45 points to 2877.13, and the Nasdaq Composite rose 21.62 points to 7924.16. ✔ Long-term momentum remains favorable as do our longer term indicators ✔ On Friday, Jefferies ’ analyst Kevin Grundy initiated coverage on the stock with a Hold rating, citing the stock’s premium valuation from keeping him from a Buy rating ✔ The bottom five stocks in the S&P 500: Brown Forman: -6.1% Torchmark(TMK): -4.5% Anthem(ANTM): -3.4% Vulcan Materials(VCM): -3.3%


8@eight: Wall Street finishes up, ASX set for flat start

9/10/2018, 10:21:46 PM
What happened overnight and what's ahead for the ASX. ✔ The Stoxx 600 ticked higher overnight, while the FTSE held steady and the DAX added 0.2 per cent ✔ Market watch:  SPI futures were up 1 point at 6138 at 6.30am AEST AUD +0.1% to 71.14 US cents (Overnight peak: 71.32) On Wall St: Dow -0.2% S&P 500 +0.2% Nasdaq +0.3% FANG: Facebook +0.7%, Amazon -0.7%, Apple -1.3%, Netflix -0.1%, Alphabet flat, Microsoft +1.1% In New York, BHP -1.3% Rio +0.4% Atlassian +1.1% In Europe: Stoxx 50 +0.5% FTSE flat CAC +0.3% DAX +0.2% Spot gold -0.1% to $US1195.78 at 2.16pm New York time Brent crude +0.6% to $US77.31 a barrel US oil -0.3% to $US67.53 a barrel Iron ore -1% to $US67.81 a tonne Dalian iron ore -0.8% to 494 yuan LME aluminium +1.3% to $US2095 a tonne LME copper -0.4% to $US5910 a tonne 2-year yield: US 2.71% Australia 1.99% 5-year yield: US 2.83% Australia 2.14% 10-year yield: US 2.94% Australia 2.57% Germany 0.40% US-Australia 10-year yield gap: 37 basis points This column was produced in commercial partnership between Fairfax Media and IG


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Fashion - SERIES 363 {17 articles}

Fashion Unzipped podcast: Samantha Cameron and Isabel Spearman on outfit disasters and redefining corporate style at No. 10 10/27/2018, 1:06:31 PM As working environments go, they don’t come much more high profile than Number 10 Downing Street - and that’s exactly where this episode’s guests honed their senses of style. ✔ As working environments go, they don’t come much more high profile than Number 10 Downing Street - and that’s exactly where this episode’s guests honed their senses of style ✔ Those infamous holiday pictures The Camerons on holiday in Portugal, 2015Credit:PA It was one of the worst things that we had to do, says Cameron Demi Rose shows off her famous curves in a red bikini in sexy new fashion shoot 10/27/2018, 12:49:12 PM DEMI Rose has shown off her famous curves for a sexy new fashion shoot. The model, 23, poses in a red bikini in front of a wooden fence as she stares directly into the camera. It’s part of he… ✔ The model, ...
Post a Comment
Read more

Disasters - SERIES 341 {10 articles}

Nikki Haley mocks Trump and Elizabeth Warren in speech a week after resigning 10/20/2018, 3:04:38 PM Ms Haley is due to leave her UN post at the end of the year ✔ There were no deaths reported among the 164 passengers and six crew members aboard the Utair Boeing 737, but the Russian health ministry said 18 people were injured ✔ After her resignation announcement, Mr Trump praised the ambassador, saying she has done a fantastic job, and that she is a fantastic person REVEALED: Photos show China HELPING with Pakistan nuclear programme amid WW3 concern 10/20/2018, 2:16:04 PM CHINA is extending its influence into Pakistan as it rushes to help the nation’s nuclear programme by building two power stations, satellite images have revealed. ✔ But the plants have been set up in an area that is extremely prone to seismic shifts as Karachi is on the cusp of three tectonic plates – the Arabia plate, the Eurasia plate and the India plate ✔ But China’s dominance comes at the expense of lo...
Post a Comment
Read more

Travel - SERIES 163 {15 articles}

The Thing: Arizona's weirdest roadside attraction just got stranger 9/19/2018, 10:01:44 PM For years The Thing rested in a dusty warehouse, visitors wondering what it was. A new museum makes it clear - The Thing is stranger than you thought. ✔ The Thing deserved better things The original resting place of The Thing, now housed in its own museum in the Bowlin Travel Center near Benson ✔ The center is located on Interstate 10 at exit 322, east of Benson, Arizona ✔ (Photo: Mark Henle/The Republic) Where: Bowlin Travel Center, 2631 Johnson Road, Benson Is this the future of cruise ships? 9/20/2018, 2:03:04 AM The brand new Celebrity Edge ship uses a radical engineering concept to create cabins with epic panoramas that experts say could be a game-changer for the cruise industry. ✔ At this point, exploration of the ship requires protective hard hats and goggles ✔ They see the spaciousness of it, they see the beauty of it, they see the experiences that we're creati...
Post a Comment
Read more

Disasters - SERIES 115 {22 articles}

US and Caribbean brace for disaster as three hurricanes churn in Atlantic 9/10/2018, 9:01:28 AM The triple threat is almost a mirror image of last year's disastrous September when Irma, Jose and Maria killed thousands and caused widespread devastation ✔ The National Hurricane Center warned that it would be an extremely dangerous major hurricane with powerful winds, heavy rain and a life-threatening storm surge ✔ It is expected to weaken before it hits the Lesser Antilles and moves into the eastern Caribbean Sea on Wednesday night or Thursday Hurricane Florence strengthens fast on path for East Coast 9/10/2018, 10:41:20 AM Forecasters warn it could hit anywhere from Carolinas to Mid-Atlantic, and linger long enough to cause major problems ✔ Forecasters have warned of a rising threat of life-threatening storm surge, along with the damage of a hurricane's high winds ✔ Red flags flying on beaches warned swimmers to stay out of waters as seas began kicking up ✔ Florida-b...
Post a Comment
Read more

Trade War - SERIES 238 {19 articles}

Talks between EU, U.S. don't point to trade war: Germany's Scholz 10/12/2018, 1:40:56 AM Trade talks between the United States and the European Union have been "sen... ✔ REUTERS/Hannibal Hanschke Finance ministers and central bankers from across the world are arriving in Indonesian resort of Bali this week for the International Monetary Fund’s annual meetings ✔ The gathering comes amid an escalating trade dispute between the United States and China, financial jitters in some emerging economies and worries about Italy’s public finances ✔ Our Standards:The Thomson Reuters Trust Principles 'Prominent' risk: RBA warns trade war a growing threat to the economy 10/12/2018, 2:10:41 AM The risks of international shocks hitting Australia's otherwise resilient financial system are growing, the Reserve Bank warned on Friday. ✔ While the RBA said that this debt appears mainly to be owned by those able to repay it, there is the risk that highly indebted house...
Post a Comment
Read more